The market opened red in the morning and I didn't really monitor much, but afternoon onwards the volume came and the all reits got lifted with 2 to 5% gains. Now I am just very confused with what is happening, there isn't any major news on reits so I'm presuming that its some kinda bargain hunting since reits have corrected a lot recently. In my recent post I mention that analysts were saying it was a buying opportunity after the 9.3% plunge, I guess that short term wise the analysts were right as funds poured in their $$ and filled up their hunger for yield. However I would still hold my view that reits are overvalued and a coming raise in interest rates when QE ends in 2014-2015 would hurt them, I used to have sabana reits but have since sold it away long ago, if I had ......